Clearline Capital LP Purchases New Holdings in Fidelity National Information Services, Inc. $FIS

Clearline Capital LP acquired a new position in Fidelity National Information Services, Inc. (NYSE:FIS) during the 3rd quarter, HoldingsChannel reports. The fund acquired 332,073 shares of the information technology services provider’s stock, valued at approximately $21,897,000. Fidelity National Information Services makes up about 1.0% of Clearline Capital LP’s portfolio, making the stock its 15th biggest holding.

Several other large investors also recently bought and sold shares of the company. California Public Employees Retirement System raised its holdings in shares of Fidelity National Information Services by 2.3% during the third quarter. California Public Employees Retirement System now owns 933,377 shares of the information technology services provider’s stock valued at $61,547,000 after acquiring an additional 20,599 shares during the last quarter. Bank of Nova Scotia boosted its stake in shares of Fidelity National Information Services by 279.5% in the third quarter. Bank of Nova Scotia now owns 199,220 shares of the information technology services provider’s stock worth $13,137,000 after acquiring an additional 146,728 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Fidelity National Information Services during the third quarter worth approximately $5,409,000. 44 Wealth Management LLC raised its stake in Fidelity National Information Services by 16.5% in the 3rd quarter. 44 Wealth Management LLC now owns 20,004 shares of the information technology services provider’s stock valued at $1,319,000 after purchasing an additional 2,834 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC lifted its holdings in Fidelity National Information Services by 147.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 536,249 shares of the information technology services provider’s stock valued at $35,360,000 after purchasing an additional 319,332 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Trading Up 0.9%

Shares of FIS stock opened at $49.69 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a twelve month low of $46.16 and a twelve month high of $82.74. The company’s 50-day moving average price is $54.81 and its 200-day moving average price is $62.23. The stock has a market cap of $25.56 billion, a price-to-earnings ratio of 68.06, a PEG ratio of 0.49 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.01). The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.Fidelity National Information Services’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.40 earnings per share. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. As a group, equities analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio is presently 241.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Compass Point dropped their target price on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $70.00 price target on shares of Fidelity National Information Services in a research report on Thursday, January 15th. The Goldman Sachs Group assumed coverage on shares of Fidelity National Information Services in a report on Monday, March 9th. They issued a “buy” rating and a $70.00 price objective for the company. Citigroup decreased their target price on shares of Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Finally, Truist Financial dropped their price target on Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating for the company in a research report on Tuesday, March 3rd. Fourteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus price target of $69.86.

Insider Buying and Selling

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was bought at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the transaction, the chief executive officer owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. The trade was a 7.59% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey A. Goldstein bought 941 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were acquired at an average cost of $64.11 per share, with a total value of $60,327.51. Following the purchase, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.21% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.